BW Offshore: Mandate announcement 

Written by Customer Service on . Posted in Public Companies.

Mandate announcement BW Offshore Ltd has mandated Danske Bank, DNB Markets, Nordea and Swedbank to investigate the opportunity to issue a NOK denominated senior unsecured bond issue with a four-year tenor, subject to inter alia market conditions.The proceeds from the potential bond issue will be used for partial refinancing of existing debt and general corporate purposes of the Group.In conjunction with the contemplated bond issue, BW Offshore Ltd will offer to buy-back its outstanding bonds in BWO01 with ISIN NO0010638075 maturing in March 2020, BWO02 with ISIN NO0010673841 maturing in September 2020, BWO03 with ISIN NO0010705361 maturing in March 2021 and BWO04 with ISIN NO0010740111 maturing in March 2022.In connection with the contemplated bond issue, BW Offshore Ltd will exercise the Call Options to redeem all of the outstanding bonds in BWO01, BWO02, and BWO03. The Call Option for BWO04 may also be exercised subject to the successful placement of the contemplated transaction.For further information, please contact:
Ståle Andreassen, CFO, +65 97 27 86 47
Anders S. Platou, Head of Corporate Finance, +47 99 50 47 40IR@bwoffshore.com or www.bwoffshore.comAbout BW Offshore:BW Offshore is a leading provider of floating production services to the oil and gas industry. The company also participates in developing proven offshore hydrocarbon reservoirs. BW Offshore is represented in all major oil and gas regions world-wide with a fleet of 15 owned FPSOs. The company has more than 30 years of production track record, having executed 40 FPSO and FSO projects. BW Offshore is listed on the Oslo Stock ExchangeThis information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.